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Nasdaq · Healthcare

Embecta Corp. (EMBC)

As-reported financials and SEC filings for Embecta Corp. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Embecta Corp.

Embecta Corp. is a global medical device company that develops and sells products for diabetes management, including pen needles, syringes, and safety injection devices. Its products are used by over 30 million people in more than 100 countries to assist with insulin administration and daily diabetes care. The company serves patients, healthcare providers, and institutions worldwide through a network of manufacturing sites and distribution channels.

Snapshot

Revenue
$1.08B
Revenue growth (YoY)
-3.8%
Net income
$95.4M
Diluted EPS
$1.62
Gross margin
62.6%
Operating margin
22.4%
Net margin
8.8%
FCF margin
16.9%
ROE
net income / fiscal-year-end equity
P/E
3.4×
trailing when available, otherwise FY EPS
Market cap
$286.1M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Embecta

  • Revenue fell 3.8% to $1.1B in FY2025, slower than the 0.2% the year before.
  • Operating margin is 22.4% in FY2025, -19.8 pp against 42.2% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $272M, down 8.1% from Q3 FY2025.
  • Free cash flow was $182M in FY2025, 16.9% of revenue.
  • Net income rose 21.8% to $95M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Embecta’s fundamentals sit among the 88 medical device companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin62.6%
51st percentile of 77
Operating margin22.4%
94th percentile of 80
Net margin8.8%
75th percentile of 81
FCF margin16.9%
85th percentile of 74
Revenue growth (YoY)-3.8%
17th percentile of 87
P/E3.4×
3rd percentile of 32
Short interest2.46d
33rd percentile of 88

Embecta’s P/E of 3.4 ranks in the 3rd percentile of the 32 peers with a meaningful P/E. Embecta’s operating margin of 22.4% ranks in the 94th percentile of the 80 medical device companies reporting it. Embecta’s FCF margin of 16.9% ranks in the 85th percentile of the 74 medical device companies reporting it.

4 reported insider purchases (code P) totaling $557,945 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
4
1 trimmed, 3 exited
Combined position
$24.0M
reported long value
InvestorAs ofPosition valueSharesChange
Yacktman Asset ManagementQ2 2026$14.1M4.3MAdded
AQR Capital ManagementquantQ2 2026$3.2M976.6KAdded
Millennium ManagementquantQ2 2026$3.1M946.0KReduced
D. E. ShawquantQ2 2026$2.1M650.1KAdded
Citadel AdvisorsquantQ2 2026$1.5M446.1KAdded
Point72 Asset ManagementquantQ2 2026$65,96920.2KNew

No longer held by: Gotham Asset Management (as of Q2 2026), Renaissance Technologies (as of Q2 2026), Two Sigma Investments (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
4
4 insiders
Bought (90d)
$558K
code P value
Sells (90d)
0
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-08-12
filed 2026-08-13
HOMBACH ROBERT J.DirectorBuy45.0K$4.97$224K
2026-08-12
filed 2026-08-13
Kurdikar DevdattPresident and CEOBuy30.0K$4.70$141K
2026-08-12
filed 2026-08-13
Mann Jeffrey ZPres, Pharm Svc&Prod Mgmt, CLOBuy20.0K$4.99$100K
2026-08-12
filed 2026-08-13
Elguicze JacobSVP and CFOBuy20.0K$4.67$93K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.4M
settled 2026-08-14
Change vs prior
-18.5%
vs previous settlement
Days to cover
2.46
at avg daily volume
Avg daily volume
2.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.4M-18.5%2.46
2026-07-316.7M+10.9%5.87
2026-07-156.0M+3.1%3.90
2026-06-305.8M-16.0%1.76
2026-06-157.0M-6.1%4.10
2026-05-297.4M+3.8%3.31
2026-05-157.1M+18.0%1.37
2026-04-306.0M+4.3%8.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.08B$1.12B$1.12B$1.13B$1.17B
Gross profit$676.8M$735.2M$749.9M$774.9M$800.4M
Operating income$242.1M$166.8M$221.5M$309.6M$492.0M
Net income$95.4M$78.3M$70.4M$223.6M$414.8M
Diluted EPS$1.62$1.34$1.22$3.89$7.28

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$225.5M$267.5M$326.3M$330.9M$0
Current assets$631.4M$761.0M$749.1M$664.7M$291.8M
Total assets$1.09B$1.29B$1.21B$1.09B$788.0M
Current liabilities$261.5M$374.0M$353.5M$301.0M$164.0M
Long-term debt$1.39B$1.57B$1.59B$1.60B$0
Total liabilities$1.74B$2.02B$2.04B$1.98B$193.7M
Total equity$-650.6M$-738.3M$-821.7M$-891.4M$594.3M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$191.7M$35.7M$67.7M$412.2M$456.3M
Capital expenditure$9.3M$15.8M$26.5M$23.6M$36.8M
Free cash flow$182.4M$19.9M$41.2M$388.6M$419.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$271.7M-8.1%$21.1M$0.36
Q2 FY2026$221.8M-14.4%$-4.1M$-0.07
Q1 FY2026$261.2M-0.3%$44.1M$0.74
Q4 FY2025$264.0M-7.7%$26.4M$0.44
Q3 FY2025$295.5M8.4%$45.5M$0.78
Q2 FY2025$259.0M-9.8%$23.5M$0.40
Q1 FY2025$261.9M-5.6%$0$0.00
Q4 FY2024$286.1M1.5%$14.6M$0.25

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industrySurgical & Medical Instruments & Apparatus
Latest annual periodFY2025 (ended September 30, 2025)
Latest reported quarterQ3 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1872789

Selected SEC filings

10-K2025-11-25
View on EDGAR →
10-Q2026-08-07
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
10-Q2026-02-05
View on EDGAR →
10-Q2025-08-08
View on EDGAR →
8-K2026-08-07
View on EDGAR →
8-K/A2026-07-31
View on EDGAR →
8-K2026-05-15
View on EDGAR →

Largest medical device peers

All medical device stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.